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Chitsimran Singh

If a foreign Company (does not have PE in india) receives amount by way of renting of equipments from an Indian Company after deduction of tax @10%. In which head of income such amount shall be shown In ITR form?


Rachana Gokhale
16 February 2021 at 23:48

E Invoicing

Dear Sir/ Madam,
Is applicability for E-invoicing is to be changed w.e.f. 01.04.2021 ?


Pallavi

Greetings

A person left India for purpose of employment to UAE on 07 Jul 2019 ( previously working in India before this date ) and returned to India on 04 Jan 2021 ( The company terminated the employment due to loss of business ). He is currently looking for job abroad.
1. Can you clarify, what will be his residential status for the Financial Year 2020-2021 ?
2. Whether his foreign income for the financial year 2020-2021 is taxable in India ?
3. Is there any benefit in treaty between India and UAE, which can clarify, If salaried income received in UAE for the financial year 2020-2021 is taxable in India or not ?


Bushra khan
16 February 2021 at 20:16

Forex

As per regulation an indian citizen can only trade on broker platforms which are approved by SEBI and RBI and can only trade in INR pairs such as USDINR, JPYINR, EURINR….

Whether it is illegal to trade on octafx.(No mention of SEBI registration no. on their website).


Dhirendra Kumar Dubey
16 February 2021 at 19:02

Professional tax

Dear Sir,
we have typing mistake in financial year 2020-21 to 2021-22 for pay online professional tax
pls guide to me for correction
how modyfy 2021-22 instead 2020-21


Harshad Kanekar
16 February 2021 at 18:21

GDCA registration

I have cleared GDCA in May 2017. Now I need to get myself registered for Panel. For getting registered at Panel, Registration No. is required, but I didn't receive any Registration no. Where do I need to apply for registration. Also, is Income Tax Practioner equivalent to GDCA? What is the requirement for becoming Income Tax Practioner? Please guide. Thanks in advance.


Bikram Sahoo
16 February 2021 at 18:01

GST on hostel services

Dear Sir,
We are providing private hostel services for students studying in Allen Institute and the monthly fees is Rs, 12000/- which includes lodging, fooding, transportation. Whether we have to pay GST or are exempted.


saktheeswaran
16 February 2021 at 17:38

GSTR-9

Is there any possibilities GSTR-9 & 9C for the year 2019-20.please inform if any one submit the representation to the GST council.


ARUN KUMAR M
16 February 2021 at 17:08

INTEREST INCOME GIVEN BY PROPRIETOR

Dear All
I would like to know whether a Proprietor can waive the Interest Income which was paid by him for past years. The income is not paid in one financial year 2020-2021 due to covid-19. Is there any implications wit regard to Income Tax Act?

If cannot be waived, can it be reduced?


Flock Media
16 February 2021 at 16:51

TDS deduction

What are the TDS rates?? for making payment to LLP Firm







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